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Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

Over 200 graduates emerge from the Ecobank Group and AUDA-NEPAD MSME Training for Financing program

The Graduates came from the eight (8) countries in the pilot phase of the MSME Academy namely, Chad, Côte d’Ivoire, Ghana, Kenya, Niger, Nigeria, Rwanda and Togo

The leading pan-African banking group, Ecobank Group (www.Ecobank.com), and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD), held a virtual graduation ceremony for more than 200 alumni of the inaugural Ecobank’s MSME Training for Financing Program. The Graduates came from the eight (8) countries in the pilot…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response

This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 - $140 million in additional trade annually

Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive growth, in markets such as Togo, Burkina Faso and Chad. CDC Group, the UK’s Development Finance Institution and impact investor, has announced a…

Ecobank Transnational Incorporated

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Source: Ecobank Transnational Incorporated |

AUDA-NEPAD and Ecobank Group partnership moves to finance phase under the 100,000 MSMEs Initiative

$2.0 million USD to be extended to qualifying MSMEs

The African Union Development Agency NEPAD (AUDA-NEPAD) (https://bit.ly/3w9P1aI) and the Ecobank Group (www.Ecobank.com) its strategic partner on the development of the 100,000 Micro, Small and Medium Enterprises (MSMEs) Initiative, are set to launch the financing component as from 27 May 2021. AUDA-NEPAD launched the 100,000 MSMEs Programme to accelerate African economic…

Ecobank Transnational Incorporated
Source: Ecobank Transnational Incorporated |

The African Union Development Agency (AUDA-NEPAD) and Ecobank Group announce the key focus areas of their joint initiative to support Africa’s Micro Small and Medium Enterprises

Micro Small and Medium Enterprises (MSMEs) are critical to the African economy as they account for almost 85% of all private sector employment

AUDA-NEPAD (the African Union Development Agency) (www.NEPAD.org) and Ecobank Group (www.Ecobank.com) kick-start their collaboration to strengthen Africa’s response to Micro Small and Medium Enterprises (MSMEs). High level representatives from the African Union Commission, regional development banks, development financial institutions, international organisations and commercial banks from the continent came together to…